Iraqi mobile operators Asiacell and Korek have landed fines from the country's telecoms regulator for failing to list their shares on the local stock exchange, according to a report from Reuters.

The regulator, the Communications and Media Commission (CMC), said it will fine Asiacell $8,500 a day since September 1, 2011 for failing to list on the local stock exchange, while Korek will be fined $2,500 per day, the report added.